Research Affiliates

Uncategorised posts

Choose your goal posts … and then keep them there

Is the choice between a cap-weighted or fundamental index really going to result in more goals (or alpha), or is it just shifting the posts? It doesn’t really matter what you choose as your benchmark – it is exactly that, a benchmark. A point of reference. But if what you are deciding is the choice […]

Amanda WhiteJune 1, 2011

Uncategorised posts

The nemesis of cap-weighted indexing turn attention to bonds

First he convinced some of us that cap-weighted indexing doesn’t work, now Rob Arnott, the founder of Research Affiliates, is back with more bombshells – that the equity risk premium, as we came to know it, is gone and not hurrying back; and that emerging market debt is “objectively a better credit risk” than US […]

MICHAEL BAILEYOctober 27, 2010